We are intermediaries and brokers in Factoring, Invoice Discounting, Business and Trade Finance. We have in depth and up-to-date knowledge of the Factoring and Invoice Discounting market.
Cashflow for growing businesses go »
"The First Factor Team sees how business owners are having to deal with the uncertainties and changing dynamics of the current climate as Accounts Receivable Funding Companies change their parameters and Accounts Receivable Funding deals previously taken 'as read' are no longer so certain, with Accounts Receivable Funding terms of engagement being changed on a regular basis, creating plenty of unforeseen hassle for busy Management.
Our access to many different Accounts Receivable Funding funders means we aim to remove these Accounts Receivable Funding uncertainties, give you peace-of-mind, and a good solution to your Accounts Receivable Funding needs. Our Accounts Receivable Funding advisory is FREE and without obligation. "
Tony Platts, Managing Director
Accounts Receivable Funding releases the funds locked up in sales invoices. A client can typically raise up to 90% of the value of its unpaid invoices with Accounts Receivable Funding within 48 hours with the use of Accounts Receivable Funding. The Accounts Receivable Funding balance is available, less a small administration charge, when your customer pays the Factoring Company.
A dedicated Accounts Receivable Funding sales ledger and credit management
service is also provided with the Accounts Receivable Funding service.
Working to your instructions the Accounts Receivable Funding Company collects invoices, payments, issues statements etc but ensures good customer relationships are maintained.
Benefits of Accounts Receivable Funding: your business gains access to an on-going source of funds that is linked directly to sales and so a smooth cashflow is assured. Accounts Receivable Funding can improve profitability as the business can pay suppliers earlier, buy in larger quantities and also take advantage of discounts that are available.
Accounts Receivable Funding is more flexible than other forms of finance because as your business grows and your sales increase, you can borrow more from the Accounts Receivable Funding Company.
If you are looking for a cost effective flexible way to raise money for your growing business Accounts Receivable Funding should be strongly considered.
Enter your current sales ledger value and your overdraft limit to calculate the potential cashflow benefit of Accounts Receivable Funding. Unleash your businesses potential!
| Your Existing Overdraft | Your Outstanding Debtors | Invoice Finance Advance % | Extra Working Capital | ||
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Full Service Accounts Receivable Funding provides a complete out sourced credit management solution. Businesses using a Accounts Receivable Funding facility save costs on staff, postage, stationery, telephone calls and, most importantly, valuable management time can be used more productively.